There is an economic opportunity for Indonesia amid the ongoing conflict between China and Taiwan, although it would have to be explored cautiously, Investment Minister Bahlil Lahadalia has said. “We have to be cautious of the conflict between China and Taiwan. Why should we be cautious? Because one country with

At least 19.5 million micro, small, and medium enterprise (UMKM) players have joined the digital ecosystem as of June 2022, Minister of Cooperatives and Small and Medium Enterprises Teten Masduki has said. The number is expected to continue to grow as the Indonesian government is targeting to bring 30 million

President Joko Widodo (Jokowi) has directed his staff to maintain the 2023 State Budget (APBN) deficit below 3 percent of the gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati has informed. The President issued the directive while chairing a plenary cabinet meeting regarding the ‘Financial Note and the 2023

The National Development and Planning Ministry has said that economic transformation is one strategy that could help Indonesia to move closer to its goal of becoming a high-income country by 2045. “Our target in 2045 is that we will get out of the middle-income trap to (become a) high-income country,”